News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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May- 2025 -30 May
Asda Q1 revenues fall 5.9% to £5bn
Asda has seen its total revenues fall 5.9% year-on-year to £5bn, excluding fuel, for the first quarter to 31 March,…
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30 May
Lidl, Halfords and The Range repay staff over minimum wage breach
Lidl, Halfords and The Range are among a number of UK companies named and shamed by the Department for Business…
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29 May
Shein shifts focus to Hong Kong listing after London IPO stalls
Shein is reportedly pivoting towards a listing in Hong Kong after a proposed IPO in London hit a roadblock from…
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29 May
Dr. Martens appoints Adidas VP as chief brand officer
Footwear brand Dr. Martens has appointed Carla Murphy as the company’s new chief brand officer (CBO) to lead the company’s…
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29 May
Frasers closes in on ailing Norwegian sportswear giant takeover
Frasers Group has confirmed that it is close to assuming a controlling stake in Norwegian sportswear company XXL ASA, but…
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29 May
Abercrombie and Fitch sales hit $1.1bn in Q1
Abercrombie and Fitch has reported that first quarter sales have risen by 8% to $1.1bn (£817m) sales in the period…
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29 May
US trade court blocks Trump’s tariff changes
The US Court of International Trade has deemed Donald Trump’s tariff changes “illegal”, which could see the president’s controversial global…
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28 May
M&S appoints ex-Coles exec Thinus Keeves as retail director
M&S has announced it has appointed former Coles executive Thinus Keeves to the newly created role of retail director. Keeves,…
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28 May
Adidas customer data stolen in cyber attack
Adidas has confirmed that it was hit by a cyber attack last week, stating that an external party obtained consumer…
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28 May
Kingfisher sales rise 2.2% to £3.3bn in Q1
Kingfisher, which operates DIY brands Screwfix and B&Q, has reported that total sales rose 2.2% to £3.3bn in the first…
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